Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.
Deals
Aldar Properties seek bridge loan to pay off maturing debt
Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.
EU regulators give Aegean Airlines approval to takeover Olympic Air
The European Union approved Aegean Airlines' takeover of Olympic Air. European Union regulators gave approval to Aegean Airlines to purchase Olympic Air.
Medtronic, Apollo Hospitals ink joint venture for low-cost hemodialysis treatment
Medtronic Inc and Apollo Hospitals Enterprise formed a joint venture for the development of a low-cost and portable hemodialysis treatment for developing countries.
Peugeot eyes partnerships for overseas expansion
French carmaker Peugeot-Citroen said it would be considering new cooperation agreements with various firms to fund its overseas expansion efforts.
Latest News
Microsoft Corp, fresh from its buyout agreement with Nokia Oyj, would need to convince app makers to partner with them in order to regain market share in the smartphone market.
Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.
Bloomberg reported that Walt Disney Co had planned to stop the issuance of stock certificates in its physical form and issue them in digital form instead.
AT&T Inc. would reach a near agreement to sell its wireless towers to Crown Castle International Corp, said sources familiar with the matter.
Manila Electric Company (Meralco) said that its wholly owned arm would acquire a stake from GT Capital Holdings' power generation unit, according to a report from Reuters.
Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.
Jos. A. Bank had approached Men's Wearhouse for a possible merger although the type of tie-up was not clearly stated, reported the Wall Street Journal.
After accumulating nearly 6% of total shares in Talisman Energy, Carl Icahn has prepared to provide direction as to sales of assets of the Canadian energy firm.
